STOCK TITAN

Manganese Mining and Processing for Investors in Manganese X Energy Explained by CEO Martin Kepman,

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Manganese X Energy Corp emphasizes the significance of ethically sourced, high-purity Manganese in the development of Lithium-ion batteries.

CEO Martin Kepman highlights the urgent need for North American supply chains for strategic minerals, positioning Manganese X to meet rising demand in electric vehicles.

With an innovative approach to mining and processing, the company aims to lead the market in producing battery-grade Manganese while ensuring environmental sustainability.

Positive
  • Manganese X is the only Manganese company in North America moving towards commercialization.
  • Positioned near the US border, facilitating access to the North American battery market.
  • Recovery rate of 85% Mn achieved in initial testing, with a product purity of 99.95% MnSO4.
  • Significant manganese resources estimated at approximately 194 million tonnes in their project area.
Negative
  • None.

Learn Why Manganese is a Good Investment!

Saint-Laurent , March 09, 2021 (GLOBE NEWSWIRE) -- “Future (NMC) Nickel Manganese Lithium-ion Battery for a Green Planet Ecosystem.” CEO Martin Kepman

It’s imperative to understand the importance of ethically sourced, high purity Manganese and the technological mining processes required to extract, refine, purify while optimizing for maximum yield from a Manganese ore deposit.

Manganese X Energy Corp was founded to be a contributing part of the global initiatives towards renewable energy and its profitable business in a new green ecosystem. Manganese is becoming one of the key building blocks for this modern industrial economy.

When Manganese is added to steel it enhances the steel giving it a hard-yet-pliable quality, it helps depolarizing dry cell batteries and to decolorizing glass made green by iron impurities. It is also a powerful oxidizing agent. It is used in some fertilizers and is found in multivitamin supplements. One of its primary uses is as a component in ferromagnetic alloys. The importance of Manganese exploded with the development of modern steelmaking technology in the 1860s. As an alloy, it decreases the brittleness of steel and imparts strength. 

Age of the Lithium-ion Batteries

Manganese is a key element in the manufacture of Lithium-ion batteries with superior storage capacity, safety, and affordability. Manganese is finding a solid place in the race to provide advanced battery technology. Nickel-metal hydride (NiMH) EV and Hybrid electric vehicle batteries and Lithium-ion (Li-ion) batteries are said to form the core that will power the world in the future. The USP of these batteries is safety, durability, and adaptability to users’ needs, economical, and come with a shorter recharging time. High grade, high-purity Manganese is the primary cathode material to build the battery's energy-storing capacity by increasing its energy density. These NCM (Nickel, Cobalt, Manganese, andLithium) batteries assure quality performance, with Cobalt becoming the black sheep of the group. Cobalt’s cost of extraction, along with it’s unpredictable combustibility make it a dangerous element to be mined. It also carries many health risks for miners who are engaged in the activity and the use of children as miners in West Africa, these factors make Cobalt less desirable than it’s burgeoning replacement Manganese. As bad as Cobalt is for the industry, the environment and for human beings, Manganese is the complete antithesis or polar opposite of Cobalt.

The future of Nickel Manganese Lithium-ion battery power cells is being developed to be used for renewable energy in consumer electronics, electric and hybrid electric vehicles, and battery systems that are used for backup energy storage, electricity harvested from clean energy produced by solar, wind, and tidal systems. It is becoming clear that their sourcing, stability, density giving increased power, capacity and their ability to travel further and longer will continue to promote their critical and important role in this new green ecosystem. 

Manganese X’s Mission

Here is a word from us at Manganese X Energy Corp. Our primary mission is simple: Advance our Battery Hill project into production, with the intent of supplying value added materials to the Lithium-ion battery and other alternative energy industries, as well as achieving new carbon-friendly more efficient methodologies, while processing Manganese at a lower competitive cost. We are the only Manganese company in North America moving towards commercialization of a Manganese ore mineral deposit. The property consists of 55 claims covering 1,228 hectares, approximately 5 km northwest of the town of Woodstock in Carlton County, southwestern New Brunswick, 7.5 miles from the Maine US-Canadian border.

Mining the Ore

Manganese has been in use by mankind since ancient times. Traces of it have been found in the pigments used in cave paintings. In the ancient world through the middle ages,

 “Manganese has also long been used in glass-making. Egyptian and Roman glassmakers used manganese compounds to either add color to glass or remove color from it. The use as “glassmakers’ soap” continued through the Middle Ages until modern times and is evident in 14th century glass from Venice.” Source                                                                                                                                                                         Manganese was added by Egyptians, Romans and Venetians to all of their glass applications. In this modern world, Manganese has come a long way since then and it's popularity today as cathodic shielding in the battery industry and in some of the most advanced technological applications, is quite a remarkable innovation.

Manganese is a common ferrous metal with an atomic weight of 25 and the chemical symbol Mn. It constitutes roughly 0.1% of the Earth’s crust, making it the 12th most abundant element. More than 25 million tons of manganese ore are mined every year. The most important manganese ore is pyrolusite. About 80% of the known world manganese resources are in South Africa. Other important manganese deposits are in Ukraine, Australia, India, China, Gabon, and Brazil.

In a recent Biden administration executive order titled  “America’s Supply Chains” dated, February 24th 2021, the US made clear that it understands the importance of securing all domestic or North American supply chains for all materials of strategic importance-clearly, Manganese is one such.

“The United States needs resilient, diverse, and secure supply chains to ensure our economic prosperity and national security.  Pandemics and other biological threats, cyber-attacks, climate shocks and extreme weather events, terrorist attacks, geopolitical and economic competition, and other conditions can reduce critical manufacturing capacity and the availability and integrity of critical goods, products, and services.  Resilient American supply chains will revitalize and rebuild domestic manufacturing.”    Source

Martin Kepman, MXE CEO, comments “The Executive Order is extremely favorable to Manganese X Energy. The Administration’s effort to secure domestic supply chains puts us at the center of a North American bullseye. The company’s Manganese property is 7.5 miles from the US border. Further, we note there is currently zero Manganese production from a North American deposit. Manganese X is positioning to fix this domestic vulnerability by accelerating our commercialization efforts to become the first local supplier to the North American electric vehicle and hybrid EV battery market.”

Manganese ores generally contain 25 to 45 percent Manganese, mostly in oxide (or hydroxide) and carbonate minerals. Highly advanced, technology-based processes have substantially increased the production from the initial mining days. This has also resulted in a reduction in chemical waste.

Before it is sent for processing, the Manganese ore is put through a magnetic separator that separates the particles into medium-sized and the fine-grained Manganese oxide ore.

Until recently, Manganese used to be dug out from open pit rock beds, and the process used to require a lot of manpower and time. The modern methods of Manganese mining across the world are more economical and produce a higher production yield.

Processing the Ore

Pure manganese is produced by hydrometallurgical and electrolytic processes, while ferromanganese and silicomanganese are produced by the smelting of ores in a blast furnace or, more commonly, in an electric furnace.

The main purpose of processing Manganese ore is about producing a specific and acceptable grade of Manganese, where the objective is for maximum recovery of the Manganese.

The beginning of the Manganese ore processing involves a multistage crushing workflow. From there, the production of ferromanganese, the manganese ore is mixed with iron ore and carbon and then reduced either in a blast furnace or in an electric arc furnace. The resulting ferromanganese has a Manganese content of 30% to 80%. Pure Manganese used for the production of iron-free alloys is produced by leaching manganese ore with sulfuric acid and a subsequent electrowinning process.

The treatment of the Manganese ore should be designed to produce a maximum amount of the Manganese in a coarse form which will be marketable without the further and high cost of nodulizing or sintering.

the progress of our metallurgical work or at least that the intended processing method will not require smelting?

“Manganese X Energy (MXE) is presently shipping a bulk sample taken from its 2020 drill program to Kemetco Research Inc of Vancouver that will be used for further refinement of two previous phases of testing that resulted in a recovery rate of 85% Mn and purification testing that produced a 99.95% pure MnS04,  product suitable for the EV and Hybrid vehicle and energy storage battery market. The current testing will focus on refining the leaching processes and enhancing the flow sheet with an eye to even greater efficiencies and processing cost reductions. MXE is pleased to be working with Kemetco in advancing this exciting project using novel processes for which provisional patents will be applied to provide an essential component of high tech batteries in the most environmentally sustainable manner.” Perry MacKinnon, P.Geo VP of Exploration, Manganese X Energy 

The Future is Here

Global investment in clean energy was increased to $ 270 billion US during 2014 with China leading the way and the US coming second. In 2011, 70% of the world’s Manganese ore was produced by just four countries: South Africa, Australia, China, and Gabon. Manganese is a critical mineral in America and the development of new methods of beneficiation is highly desirable for its application in national defense.

The market is hot now. Since many major car manufacturers such as Volkswagen, Porsche, and Mercedes are busy with developing electric cars, Lithium-ion batteries are a part of every drawing board. Elon Musk, the founder of Tesla, is one of the industry pioneers, he has shown interest in replacing cobalt with Manganese in his high-tech machines. If others favor this move, it will increase the number of electric vehicles on roads reducing carbon emissions.

More than 25 million tons of manganese ores are mined every year. This includes lower grade Manganese ores that have been brought back into development and utilization due to the lack of high-grade Manganese ore in developed countries. Manganese nodules are found along the ocean floor and are mined for their Manganese, but not as much as their terrestrial sources. Experts believe that deep seabed mining could become a source of Manganese ore and could significantly shift from land to ocean, but with potentially severe environmental implications.

“In 2010 and 2011 when Lithium-ion batteries became the growth driver in the battery industry, junior miners exploring and developing lithium, graphite and cobalt deposits saw an average return of 407%.”

Manganese Sulphate MnSO4

If you want to know more about Manganese Sulphate MnSO4, with a future high standard of extraction at purity levels of 99.95% and very low contaminant rate, as well as the intricacies of how Manganese Sulphate performs a critical function when utilized as the precursor to the cathode, then don’t hesitate to pay us a virtual visit on the website of Manganese X Energy Corp.

Related resources: 

Previous reports for ready reference: 

2/16/2021 -- Manganese X Energy News Report For Investors regarding Drill Results

Upon completion of the resource estimate, the Company will initiate programs for a preliminary economic assessment (PEA) of the Battery Hill project. Martin Kepman, CEO of Manganese X comments, “We are extremely pleased with the drill results from Moody Hill. This area is considered the initial development target for the project. The overall property hosts significant tonnage potential along its 7 km length with 3 of the 5 known manganese occurrences (including Moody Hill) having historical, non-compliant resource estimates. We are looking forward to the upcoming resource estimate and further metallurgical advancements in preparation for our PEA.” "the Company has now completed 53 holes totaling 9,697 meters over a total strike length of 2.0 km. 

It foresees profiting from its ethically sourced Manganese supply and expects to provide a constant supply of a material critical to Cobalt replacement in batteries necessary to the EV and Hybrid vehicle market. The ubiquitous nature of Lithium-ion batteries shows that the market is poised to elevate Nickel Manganese Lithium-ion battery (NM) to eventually becoming the market leader. 

About Manganese X Energy Corp

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2)( OTC : MNXXF) FRANKFURT: 9SC2 with its head office in Montreal QC, owns 100% of the Battery Hill property project (1,228 hectares) located in New Brunswick Canada. Battery Hill is strategically situated 12 kilometers from the US (Maine) border, near existing infrastructures (power, railway and road). It encompasses all or part of five manganese-iron zones, including Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield. In his master’s thesis on the Woodstock area manganese occurrences, Brian Way (2012) reports that the area “hosts a series of banded iron formations that collectively constitute one of the largest manganese resources in North America, approximately 194,000,000 tonnes.” 

When sharing on social media please help us by using these hashtags: 

#ManganeseXEnergyisElectricGold #ManganeseXMinerforElectricGold

#ManganeseisElectricGold #ManganeseXisElectricGold

New Brunswick, Canada 


Media contact:

Rene Perras Digital PR Consultant for Manganese X Energy Corp 

514-816-4446

https://www.manganesexenergycorp.com

Follow on Facebook  

News via: KISS PR Brand Story Press Release

###                                                           

Cautionary Note Regarding Forward-Looking Statements: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains “forward-looking information” including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information. We seek safe harbor. 

Sources:

https://www.generalkinematics.com/blog/manganese-mining-processing-everything-need-know/

https://pubs.usgs.gov/fs/2014/3087/pdf/fs2014-3087.pdf

https://www.apsautoserwis.pl/guidance/823/k4y6oj4f6ikq.html

https://www.manganesexenergycorp.com/corporate/our-mission/

It is expressly forbidden to copy or store any content except as provided above without the prior written permission of the above organization or the copyright holder identified ...


This news has been published for the above source. Manganese X Energy Corp. [ID=17125]

Disclaimer: The information does not constitute advice or an offer to buy. Any purchase made from this story is made at your own risk. Consult an expert advisor/health professional before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website's selling. The content publisher and its distribution partners do not take any responsibility directly or indirectly.  If you have any complaints or copyright issues related to this article, kindly contact the company this news is about.

Attachment


FAQ

What is Manganese X Energy Corp's focus in the battery market?

Manganese X Energy Corp focuses on supplying high-purity Manganese for Lithium-ion batteries, aiming to replace cobalt.

Where is the Battery Hill project located?

The Battery Hill project is located in New Brunswick, Canada, approximately 7.5 miles from the US-Canadian border.

What is the ticker symbol for Manganese X Energy on OTC markets?

The ticker symbol for Manganese X Energy on OTC markets is MNXXF.

What are the implications of the Biden administration's executive order for Manganese X?

The executive order emphasizes securing domestic supply chains, benefiting Manganese X as a domestic supplier of this strategic mineral.

How much Manganese ore is mined yearly globally?

Over 25 million tons of Manganese ore are mined globally each year, reflecting its crucial role in various industries.

MANGANESE X ENERGY CP NEW

OTC:MNXXF

MNXXF Rankings

MNXXF Latest News

MNXXF Stock Data

3.17M
143.18M
0.56%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Saint-Laurent